• Shriram Automall inaugurated its 71st Automall in Bikaner on 24th November’2017.!!
• 72nd Automall Facility inaugurated by Shriram Automall in Guna on 28th November’2017.!!
•Shriram Automall wins Limca Book of Records for being The Largest Platform for Acquisition and Disposal of Pre-owned Vehicles and Equipment FY2015-16 and for Conducting Highest Number of Physical Bidding Events in a Single Day.!!
•Shriram Automall MOBILE APP LAUNCHED...!!Download the app now!!
• Sameer Malhotra – CEO, Shriram Automall India Ltd. as Esteemed Jury at Equipment India Awards 2017.!!
•Shriram Automall India Limited(SAMIL) Won Best Service Provider
Of The Year Award CIA World Builders and Infra Award 2017
•Shriram Automall was recognized as “Fastest Growing Brand for Pre-Owned Vehicles of the Year” in 2017 Leaders Awards...!!

Automotive industry seems to be
finding its feet again after a marginal decline of over 1% in October 2017 due
to stock corrections on account of the ongoing festive season. As monthly
results of automotive companies flow in, we can see that all segments have
posted double digit growth.

Center has announced a number of
infra and highway project to boost the economic growth and as a result we can
see that commercial vehicle segment have witnessed a vigorous growth led by
M&HCV segment. Talking about passenger vehicles, several OEMs have posted
double digit growth jumping high from the plunge of previous month.

As collective growth has
increased we can also see that the GDP has also surged to 6.3% in Q2, after a
low 5.7% in Q1 2017-18. The demand of two-wheeler in both urban & rural
regions is on the verge of increase, a strong sign of economic growth.

The sales of pre-owned vehicles
and equipment in India has also shown effective growth as India’s Leading
Service Provider for Exchange of pre-owned vehicles and equipment, ShriramAutomall India Limited (SAMIL) has also had a good November in terms of sales
and it also noted H1, 2017-18 as its best in the history of the company.

As expected after the festive
season, passenger vehicle segment is leading the growth with major OEMs posting
growth of over 10% with sales of over 2,70,000 in November. Following the
passenger vehicle close is the two-wheeler segment that is on a recovery mode
where manufacturers are posting good number of sales for November. Total two
wheeler sales for the month of November is over 4,50,000.

Commercial vehicle segment is
also riding on the path of growth after the initial disruption in the market,
surrounding demonetization and the BS-IV transition that largely affected the transport
industry last year. Consumption driven sectors have shown an uptick in sales,
since July 2017 and continue even after the festival season. The segment posted
sales of over 70,000 for November 2017.

Meanwhile as the new automotive
market is on the growth track and is posting handsome sales in November. The
pre-owned vehicle & equipment industry is almost catching up.